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Subject:  IRA Qs Date:  6/23/1999  12:30 PM
Author:  cvisick Number:  11477 of 78165

I participate in a defined contribution retirement plan and a 401(k) at work. Because of certain moving expenses my employer has paid on my behalf, my 1999 AGI will likely be too high to allow me to open a Roth IRA or deduct any contribution to a conventional IRA.

Given the above, I have a few questions:

1. If I were to open a Roth IRA and then learn at tax time that my AGI was too high, what would be the effect on my taxes and my IRA?

My assumption is, but I can't find the answer, that I would have t